Brazil

Brasil’s BNDES finances renewable energy projects for isolated systems in Amazonas

Projects selected in an upcoming auction will have access to a financing scheme of the Climate Fund (Fundo Clima) managed by BNDES

BREAKING: Brookfield to take over TerraForm Power, Global

Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.

Canadian Solar gets $20 million financing for PV project in Brazil

The Chinese-Canadian company has secured $20 million in funds to support the construction of a 191 MW PV plant in Brazil.

Chint signs framework agreement to build solar factory in Brazil

The Chinese module maker has signed an agreement to set up a solar module manufacturing facility in Brazil. The local government hopes the new factory will attract more investments.

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Brazil surpasses 60 MW of solar under net metering

Installations are increasing under net metering. Last year 45 MW was added under the program.

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TerraForm Global releases overdue Q2 2016 results

The move is a step toward regaining regulatory compliance, in advance of a potential purchase by Brookfield.

Brazil: Tocantins introduces Pro-Solar program

The regional initiative is expected to boost the solar PV and thermal solar installations in the state.

Soltec begins installing trackers at 292 MW PV plant in Brazil

The company has commenced installation of its SF Utility tracking system at the project, with which it will reach 450 MW of installed capacity in Brazil.

More than 7,000 solar installations on net metering in Brazil

The combined capacity of all of the solar installations on net metering in Brazil stands at 57.6 MW.

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TerraForm Global warns of continued losses for 2016

The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.

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